Willdan Group (NASDAQ:WLDN) Director Sells $5,178,841.98 in Stock

Willdan Group, Inc. (NASDAQ:WLDNGet Free Report) Director Thomas Brisbin sold 58,757 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $88.14, for a total transaction of $5,178,841.98. Following the completion of the transaction, the director directly owned 96,687 shares in the company, valued at $8,521,992.18. The trade was a 37.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Willdan Group Trading Down 1.5%

WLDN stock traded down $1.29 during mid-day trading on Friday, hitting $85.78. 159,698 shares of the company were exchanged, compared to its average volume of 335,498. Willdan Group, Inc. has a 12-month low of $64.67 and a 12-month high of $137.00. The firm has a market capitalization of $1.31 billion, a P/E ratio of 20.14 and a beta of 1.19. The business has a fifty day simple moving average of $78.75 and a 200-day simple moving average of $84.50. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.19.

Willdan Group (NASDAQ:WLDNGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.77. The business had revenue of $231.03 million for the quarter, compared to the consensus estimate of $102.27 million. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. On average, equities research analysts predict that Willdan Group, Inc. will post 4.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

WLDN has been the subject of a number of research reports. Wall Street Zen raised Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Wedbush restated an “outperform” rating and set a $130.00 target price on shares of Willdan Group in a report on Tuesday, August 18th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $127.50.

Check Out Our Latest Stock Report on WLDN

Institutional Trading of Willdan Group

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Willdan Group in the second quarter valued at $113,795,000. California State Teachers Retirement System increased its holdings in Willdan Group by 7,152.9% during the 2nd quarter. California State Teachers Retirement System now owns 1,306,099 shares of the construction company’s stock worth $103,312,000 after purchasing an additional 1,288,091 shares during the period. Neumeier Poma Investment Counsel LLC purchased a new stake in Willdan Group during the 2nd quarter worth about $41,939,611. Wasatch Advisors LP acquired a new stake in Willdan Group in the 2nd quarter valued at about $20,188,000. Finally, Ranger Investment Management L.P. acquired a new stake in Willdan Group in the 2nd quarter valued at about $21,768,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Willdan Group Company Profile

(Get Free Report)

Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan’s offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.

Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.

Further Reading

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